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20 Feb
18:57

Patrick Industries buys MMC for $20m

Component fabricator and distributor Patrick Industries has acquired marine fabricator Metal Moulding Corporation (MMC), Kallanish learns from a company release. The Elkhart, Indiana, company paid about $20 million for the Madison, Tennessee, company, which has an annual revenue of about $19m. "This acquisition is well-aligned with our strategic initiatives and capital allocation strategy to continue to grow our content in the primary markets we serve,&q…
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